Login or Register to Ask a Question and Join Our Community

Sponsored Content
Full Discussion: Bits - The Unix and Linux Forums (Experimental) Virtual Currency
Contact Us Post Here to Contact Site Administrators and Moderators Bits - The Unix and Linux Forums (Experimental) Virtual Currency Post 302764163 by Praveen_218 on Thursday 31st of January 2013 04:46:51 AM
Old 01-31-2013
Bakunin,
Thank you so much of the generosity towards me... :-)
-praveen

---------- Post updated at 03:16 PM ---------- Previous update was at 02:43 PM ----------

Quote:
Originally Posted by Neo
... we don't just "create bits from thin air"... so we are actually better than "a government" because they just "create money from thin air" when they need more money; which devalues all the currency in circulation.
Absolutely & agreed!!! The annual posting of fiscal deficit figures is what they officially declare as what was created by them/central Banking system 'out of thin air' making hole on everyone's pocket.

However, just as a thought which is crossing my mind now -that by having a total number of fixed bits which is shared across all active users and also the forum banking system; members need to increase their activities proportional to the total existing active members as this forum is growing, in order to prevent their bits getting reclaimed.
This might not reflect initially, especially so long the forum's central bank is sufficiently funded. However it would reflect for sure in the time to come.
Hence the six months in-activity is bound to reduce, of course gradually, as you have mentioned, but will reduce till what?
I feel that the central banking system of the forum should also generate a few bits with the advent of each new member to prevent it from getting chaotic sooner.

After all each new member contribute to increase into the overall entropy of the system. Hence the economy needs to inflate accordingly.
 

6 More Discussions You Might Find Interesting

1. What is on Your Mind?

The UNIX and Linux Forums Twitter Channel

In case you did not know about this, and are a twitter user, here is the link to the forum twitter channel: http://twitter.com/unixlinux We currently have 406 followers...... (0 Replies)
Discussion started by: Neo
0 Replies

2. What is on Your Mind?

Experimental New UNIX / Linux Project Board (See Toolbar)

We are experimenting with a new project board to help forum members make extra cash; because we have some very talented members, why not make some extra cash working from your computer. See toolbar at bottom of page. Any ideas or comments? ... (0 Replies)
Discussion started by: Neo
0 Replies

3. Post Here to Contact Site Administrators and Moderators

How to Advertise on The Unix and Linux Forums

We added a new way to advertise (to guests and non-registered users) directly on the forums: Advertise directly with The UNIX and Linux Forums https://www.unix.com/members/1-albums112-picture605.png Companies and individuals can buy display ads directly and submit their display ads... (0 Replies)
Discussion started by: Neo
0 Replies

4. How to Post in the The UNIX and Linux Forums

How to Navigate in UNIX & Linux Forums..?

Hi , i am a new user to this forum can anyone please help me in navigation for this forum. also when i am trying to open any thread i am getting below error. Bad Request Your browser sent a request that this server could not understand.] Thanks. (1 Reply)
Discussion started by: nkchand
1 Replies

5. Post Here to Contact Site Administrators and Moderators

VIP Membership - The UNIX and Linux Forums - Get Your UNIX.COM Email Address Here

We work hard to make The UNIX and Linux Forums one of the best UNIX and Linux knowledge sources on the net. The site is certainly one of the top UNIX and Linux Q&A sites on the web. In order to provide certain members the best quality account services, you can now get some great extra features by... (2 Replies)
Discussion started by: Neo
2 Replies

6. What is on Your Mind?

YouTube: Forum Moderation @UNIX.com | The UNIX and Linux Forums

Forum Moderation @UNIX.com | The UNIX and Linux Forums https://youtu.be/WGwgibE4Rq0 Also note: In the video I mentioned removing legacy menu items in the ModCP which are unused. I have already "CSS'ed out" the unused menu items: ... (0 Replies)
Discussion started by: Neo
0 Replies

LEARN ABOUT DEBIAN

alcc

ALCC(1) 							  aMule utilities							   ALCC(1)

NAME

       alcc - text based eD2k links calculator for aMule

SYNOPSIS

       alcc [-p] [-v] <inputfiles_list>

       alcc [-h]

DESCRIPTION

       Compute the eD2k links of all the input files given in the <inputfiles_list> (There can be one or more files).

       [ -p, --parthashes ]
	      Compute and add part hashes to the computed eD2k links.

       [ -h, --help ]
	      Prints a short usage description.

       [ -v, --verbose ]
	      Be verbose - show also calculation steps.

REPORTING BUGS

       Please report bugs either on our forum (http://forum.amule.org/), or in our bugtracker (http://bugs.amule.org/).  Please do not report bugs
       in e-mail, neither to our mailing list nor directly to any team member.

COPYRIGHT

       aMule and all of its related utilities are distributed under the GNU General Public License.

SEE ALSO

       alc(1), amuled(1), amulecmd(1), amuleweb(1), cas(1), ed2k(1), wxcas(1), xas(1)

AUTHOR

       This manpage was written by Vollstrecker <amule@vollstreckernet.de>

aMule eD2k links calculator					   November 2011							   ALCC(1)
All times are GMT -4. The time now is 01:02 PM.
Unix & Linux Forums Content Copyright 1993-2022. All Rights Reserved.
Privacy Policy